Add up to exchange adjust of ASEAN nations added up to USD 78 billion of every 2016, which was exchange excess. ASEAN fares and imports esteemed at USD 1182 billion and USD 1104 billion separately. As indicated by a write about ASEAN exchange discharged by Export Genius, Indonesia is the biggest shipper nation and Singapore is the biggest exporter nation among ASEAN gathering. Visit at http://www.exportgenius.in

1. ASEAN TRADE RELATION WITH INDIA, CHINA & US

2. LIST OF ASEAN MEMBER COUNTRIES
The Association of Southeast Asian
Nations (ASEAN) is a regional
intergovernmental organization. The
main aim of this association is to promote
Pan-Asianism, intergovernmental
cooperation and facilities in educational,
military, security, political & economic
sectors socio-cultural integration among
its members and other Asian countries.
Headquartered at Jakarta, Indonesia,
ASEAN was founded on 8th August 1967
and by Thailand, Singapore, Philippines,
Malaysia and Indonesia.

3. ASEAN TRADE BY IMPORTS & EXPORTS
As per a report on ASEAN trade statistics 2016, ASEAN imports of all
countries in 2016 valued at USD 1104 billion, a slight increase from the
previous year and ASEAN exports valued at USD 1182 billion, which also saw
an increase from the previous year
HS Code Product Description 2016 Import Value 2016 ExportValue
85 Electrical Machinery & Equipment USD 254 billion USD 316 billion
84 Machinery USD 145 billion USD 137 billion
27 Mineral Fuels USD 132 billion USD 109 billion
87 Vehicles Other Than Railway or Tramway USD 44 billion USD 42 billion
39 Plastics USD 42 billion USD 37 billion

4. ASEAN TRADE BY IMPORTING COUNTRY &
EXPORTING COUNTRY
Singapore is the largest importer and exporter country of products among
ASEAN nations. It recorded trade surplus in 2016 as its exports were higher
than its imports. Vietnam and Thailand stood as the 2ndand 3rd biggest
buyer and supplier country among this group.
Country 2016 Import Value 2016 Export Value
Singapore USD 283 billion USD 329 billion
Vietnam USD 200 billion USD 219 billion
Thailand USD 195 billion USD 213 billion
Malaysia USD 168 billion USD 189 billion
Indonesia USD 135 billion USD 144 billion
Philippines USD 85 billion USD 56 billion
Myanmar USD 15 billion USD 11 billion
Cambodia USD 12 billion USD 10 billion
Laos USD 4 billion USD 3 billion
Brunei USD 2 billion USD 4 billion

5. ASEAN TRADE WITH INDIA
India-ASEAN trade & investment relations have been growing steadily with ASEAN
being India’s 4th largest trading partner. India’s trade with ASEAN countries
valued to USD 71 billion. India’s exports to ASEAN nations increased from 2015’s
USD 25 billion to USD 31.07 billion in 2016. While, India’s imports from ASEAN
nations stood at USD 40.63 billion in year 2016.
Country 2016 Import Value Country 2016 Export Value
Indonesia USD 12189 million Singapore USD 7354 million
Malaysia USD 8653 million Vietnam USD 5957 million
Singapore USD 6719 million Malaysia USD 4188 million
Thailand USD 5316 million Indonesia USD 3131 million
Vietnam USD 3105 million Thailand USD 2962 million
Myanmar USD 1084 million Philippines USD 1474 million
Philippines USD 475 million Myanmar USD 1141 million
Brunei USD 461 million Cambodia USD 109 million
Laos USD 172 million Brunei USD 37 million
Cambodia USD 43 million Laos USD 23 million

6. ASEAN TRADE WITH CHINA
China’s total imports from ASEAN countries amounted to USD 196
billion and its total exports to ASEAN nations amounted to USD 256
billion in year 2016.
Country 2016 Import Value Country 2016 Export Value
Malaysia USD 49269 million Vietnam USD 61094 million
Thailand USD 38532 million Singapore USD 44495 million
Vietnam USD 37171 million Malaysia USD 37660 million
Singapore USD 26014 million Thailand USD 37182 million
Indonesia USD 21414 million Indonesia USD 32117 million
Philippines USD 17395 million Philippines USD 29836 million
Myanmar USD 4097 million Myanmar USD 8187 million
Laos USD 1359 million Cambodia USD 3928 million
Cambodia USD 830 million Laos USD 986 million
Brunei USD 221 million Brunei USD 510 million

7. • ABOUT ASEAN – INDIA FREE TRADE AREA
• ABOUT ASEAN – CHINA FREE TRADE AREA
The ASEAN-India Free Trade Area (AIFTA) is a free trade area between ten
member countries of ASEAN and India. The initial agreement was signed
on 8th October 2003 in Bali, Indonesia, but the final agreement was
signed on 13th August 2009.
The ASEAN-China Free Trade Area (ACFTA) is a free trade area among the
10 member states of the Association of Southeast Asian Nations (ASEAN)
and China. It is also known as China-ASEAN Free Trade Area. This
framework agreement was initially signed on 4th November 2002 in Phnom
Penh, Cambodia. It came into force on 1st January 2010.

8. ASEAN TRADE WITH US
US ASEAN trade statistics shows that two-way merchandise trade between the
United States of America and ASEAN countries continues to grow as trade
between them reached to USD 211.8 billion in 2016, which accounted for 9.5% of
ASEAN’s total trade.
Country 2016 Import Value Country 2016 Export Value
Vietnam USD 43760 million Singapore USD 26691 million
Malaysia USD 37332 million Malaysia USD 11831 million
Thailand USD 30456 million Thailand USD 10444 million
Indonesia USD 20137 million Vietnam USD 10100 million
Singapore USD 18062 million Philippines USD 8199 million
Philippines USD 10375 million Indonesia USD 6023 million
Cambodia USD 2916 million Brunei USD 614 million
Myanmar USD 253 million Cambodia USD 360 million
Laos USD 57 million Myanmar USD 192 million
Brunei USD 13 million Laos USD 30 million

9. Read More Intra ASEAN Trade Outlook – ASEAN Relations with India, China & US
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